Polygon has ramped up its NFT gaming plans with GameOn partnership, Irishman producer launches NFT firm to fund movies, and therefore the silk road founder‘s NFT drop has fetched bids beyond $1 million.
Silk Roads lead to nonfungile tokens
Bidding for a 1/1 nonfungible token (NFT) auction created by unfree Silk Road founder Ross Ulbricht has surpassed 261 Ether (ETH), $1.17 million at the time of writing.
The NFT depicts a hand-drawn illustration from Ulbricht of a psychedelic eye and is an element of a group of writings and 9 alternative artworks he created, some whereas in jail, that's enclosed as a part of the NFT sale. The auction set out on weekday, that is Day one of the Art Basil Miami art honest and is being hosted by SuperRare.
The auction is ready to conclude on Wed and payoff from the sale can go towards a trust supporting Ulbricht’s fight to be free of his double-life jail sentence, and can additionally facilitate launch the donor-advised charitable fund Art4Giving, that helps prisoners and their families.
In a web log post announcing the NFT drop, Ulbricht said that whereas his future looks bleak throughout his ninth year in jail while not parole, he will do one thing positive to heal all the “damage” he sees around him.
$225K NFT on sale for $20?
Speaking of the Art Basil Miami art honest, Dmitri Cherniak, the founder of the Ethereum-based and algorithmically generated NFT assortment “Ringers,” created an look out the front, providing to sell one in every of his NFTs, worth $225,000, for a mere $20.
It is unclear if the move was in jest or a real supply. However, Cherniak shared an image of himself at the event with a note on his Ipad that browse “Ringers #0 available for $20.” Despite the ground value for Ringers NFTs presently sitting at 50 ETH or $225,000 on OpenSea, the artist noted that no-one took him up on the supply.
One user on Twitter noted that the stunt was kind of like that of world-famous street creative person Banksy, who has reportedly taken to the streets on multiple occasions to sell his art.
“This is simply like Banksy selling on the streets and nobody taking him au courant it till he started dynamic costs. Dmitri may need gotten a nibble from the normies at $5–10, they def ngmi,” user 5511 wrote.
Polygon to launch NFT games
Polygon (MATIC), the Ethereum-based layer-two scaling solution, and its gambling unit polygon Studios have entered into a strategic partnership with GameOn amusement Technologies inc. to create NFT games.
GameOn may be a U.S.-based sports prediction and gambling firm that caters to sports and media amusement.
According to a Thur announcement, the deal can see GameOn launch a series of NFT games on the plane figure network, whereas plane figure Studios can offer non-dilutive funding for 50% of GameOn’s going development prices.
The investment from plane figure Studios is an element of a $100 million fund proclaimed earlier this year that's centered on backing internet 3.0 projects, with investments up to now as well as DraftKings, define and GameOn.
( Brian Quarmby, Cointelegraph, 2021)